Can I still run Cubase Pro 11 after upgrading my license to Pro 12?

Hello there, my question is, whether I’ll still be able to run Cubase Pro 11 after I upgrade my Steinberg License to Cubase Pro 12? I want to be able to still open older Projects through Pro 11 to avoid any problems with the discontinued support for VST-2 plugins.
EDIT: I’m using a MacBook Pro M1, just in case that changes anything…

Thanks for your comments in advance.
Regards
ORE

You still need the USB-elicenser to run Cubase 11 or older versions.

VST2 is still supported on Cubase 12, only the M1 Macs are not supported in native mode.

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so the license will still allow me to run Cubase 11? alright. And about the support for M1, i’m using one, does that change anything?

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Cubase 11 will run as it did before on M1 with the dongle. There is no change for Cubase 11 and how it works with the dongle.

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